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LDS Church unlikely to face action from IRS for use of donations

The Mormon world was rocked on December 16 when news broke that a whistleblower had accused the Church of Jesus Christ of Latter-day Saints of misleading members regarding more than $100 billion retained in accounts accumulated from tithe donations.

But legal experts are skeptical the news will trigger a response from the IRS, and they note that the LDS Church’s tradition of aggressive saving dates back decades.

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